Consumer

Visa profit beats expectation on resilient consumer spending
Visa profit beats expectation on resilient consumer spending
VISA’S fourth-quarter profit beat Wall Street expectations on Tuesday (Oct 29), as consumers set aside worries of a slowing economy and swiped their cards to splurge on travel and...
Nanofilm Q3 revenue rises 10% to S million on consumer business segment contributions
Nanofilm Q3 revenue rises 10% to S$60 million on consumer business segment contributions
NANOFILM Technologies posted a 10 per cent rise in revenue to S$60 million for its third quarter ended Sep 30, 2024, from S$55 million in the same period a...
Hilton cuts 2024 room revenue growth forecast on slowing consumer spending
Hilton cuts 2024 room revenue growth forecast on slowing consumer spending
HILTON Worldwide lowered its annual room revenue growth and net income forecasts as steady demand in Europe and business travel were not enough to counter a fall in demand...
US banks brace for open banking era of consumer data sharing
US banks brace for open banking era of consumer data sharing
US BANKS will now have to give customers access to their financial data after the top consumer watchdog finalised a long-awaited rule aimed at fuelling more competition for financial...
US banks prepare for new era of consumer financial data sharing
US banks prepare for new era of consumer financial data sharing
US BANKS will now have to give customers access to their financial data after the top consumer watchdog finalised a long-awaited rule aimed at fuelling more competition for financial...
India’s Tata Consumer beats Q2 profit estimates as demand for packaged food rises
India’s Tata Consumer beats Q2 profit estimates as demand for packaged food rises
Its Indian food business posts a 28% rise in quarterly revenue, as the company expands its distribution network into small towns and villagesINDIA’S Tata Consumer Products on Friday (Oct...
FTC adopts ‘click to cancel’ rule to make it easier to end subscriptions, mirroring California law
The Federal Trade Commission continued its crackdown on businesses that deceptively market and sell subscription services, adopting a rule Wednesday requiring companies to let consumers cancel a gym membership,...
Pop Mart toys fuel 150% rally in bright spot for China consumer
Pop Mart toys fuel 150% rally in bright spot for China consumer
CHECKING out the latest arrivals in a Pop Mart store near their apartment has become a weekend routine for 34-year-old Shanghai resident Miki Li and her family.Li likes collecting...
US: Stocks end at records despite tepid consumer data
US: Stocks end at records despite tepid consumer data
THE Dow and S&P 500 edged to fresh records on Tuesday as investors shrugged off lackluster consumer data while welcoming aggressive stimulus measures announced by China.The Conference Board’s consumer...
Meituan’s 63% stock surge faces risks in China consumer malaise
Meituan’s 63% stock surge faces risks in China consumer malaise
MEITUAN’S strategy to focus on lower prices has helped the Chinese food delivery company beat sales targets even as the slowing economy drags peers. Investors are now wondering whether...